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Half a million households in fuel supplier limbo after People’s Energy and Utility Point collapse

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dailyrecord.co.uk

Energy suppliers Utility Point and People's Energy have ceased trading, affecting around 570,000 domestic customers across Scotland and the rest of the UK.

Utility Point supplies gas and electricity to about 220,000 domestic customers and People's Energy supplies about 350,000 domestic customers and 1,000 non-domestic customers.

The energy supply and credit balances of the two companies' customers will be protected under Ofgem's safety net. The energy regulator said affected customers will be contacted by their new supplier, which will be appointed soon, until then, they are advised not to switch to another supplier and have a meter reading ready for when their new supplier contacts them.

Read more on dailyrecord.co.uk
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